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News in the ‘Business & Finance’ Category

Sierra Leone Business: FINIC rolls out peel and grate cassava equipment

Monday, May 13th, 2019
Sierra Leone Business: FINIC rolls out peel and grate cassava equipment

Cassava is said to be the third largest foodstuff in the tropics, after rice and maize and a major staple food for developing countries like Sierra Leone, providing a basic diet for over half a billion people. It is one of the most drought-tolerant crops, capable of growing on marginal soils. Fours years ago, FINIC’S team of[…]

Sierra Leone Business: EU will always be a major partner to Sierra Leone – Amb. Tom Vens

Monday, May 13th, 2019
Sierra Leone Business: EU will always be a major partner to Sierra Leone – Amb. Tom Vens

Celebrating Europe Day on Thursday 9th May at Sierra Light House, the Head of Delegation Ambassador Tom Vens says for over 40 years the European Union has been a major development partner to Sierra Leone. “EU support to improved Governance has continued throughout the year. A resilient state requires strong institutions and we will continue[…]

Sierra Leone Business: Sierra Leone submits AfCFTA Agreement to secure minimum threshold of 22 ratification

Monday, May 13th, 2019

The Chairperson of the AUC Commission Moussa Faki Mahamat, flanked by the African Union Commissioner for Trade and Industry, His Excellency Albert Muchanga received two (2) deposits of instruments of ratification of the African Continental Free Trade Area (AfCFTA) Agreement on Monday 29th April 2019. The instruments were from H.E. Dr. Brima Patrick Kapuwa, Permanent[…]

Sierra Leone Business: Start-up Business HOW TO WRITE YOUR OWN BUSINESS PLAN

Monday, May 13th, 2019

Whether you’re starting a business, running a business or about to expand a business, having a business plan as a road map to follow is crucial to your success. Writing a business plan will help you achieve your entrepreneurial goals easier. It will give you a clear and concise path to follow through the course[…]

Sierra Leone Business: …To further promote financial inclusion SLACB propose agency banking

Monday, May 13th, 2019

Data suggests that 80% of the population in Sierra Leone is excluded from the banking sector, which is about 3.6 million people who are not part of the banking sector. That figure the Executive Secretary from the Sierra Leone Association of Commercial Banks (SLACB) says is bigger than the population of The Gambia. Shola Taylor-Pearce[…]

Sierra Leone Business: Calls for informal financial sector to be regulated – Market Women President

Monday, May 13th, 2019
Sierra Leone Business: Calls for informal financial sector to be regulated – Market Women President

The President for Market Women Association Haja Marie Bob Kandeh has called on the Central Bank to include the informal financial sector as they go about reviewing regulations of the formal financial sector. Speaking during a panel discussion at the first Microfinance Conference, Madam Kandeh said that the laws are not adequate and not effective[…]

Sierra Leone Business: Legal Aid Board plead for Micro Finance Women behind bars

Monday, May 13th, 2019
Sierra Leone Business: Legal Aid Board plead for Micro Finance Women behind bars

Executive Director Legal Aid Board, Fatmata Claire Carlton-Hanciles has pleaded with Microfinance Institutions (MFIs) to help her institution reduce the number of business people behind bars. In her presentation during the Sierra Leone Association of Microfinance Institutions (SLAMFI) Conference, she said that across Freetown there are so many women behind bars, “at one point in[…]

Sierra Leone Business: Africell to give out overLe500m during Ramadan

Monday, May 6th, 2019
Sierra Leone Business: Africell to give out overLe500m during Ramadan

Africell Mobile network on Friday announced that they will start their annual Ramadan promotion and this year they plan to give out over Le500 million within the period. Explaining to Journalist about this promo at their head office in Wilberforce, Head of Corporate Affairs Joe Abass Bangura said Monday 6th May 2019 will mark the first[…]

Sierra Leone Business: NASSIT urged to review its dealings with WAHL

Monday, May 6th, 2019
Sierra Leone Business: NASSIT urged to review its dealings with WAHL

The National Social Security and Insurance Trust (NASSIT) through the West Africa Holdings Limited (WAHL) contacted Afrinord- Hotel Investments AS for the provision of a loan facility of US$ 9 million to complete the refurbishment of the Radisson Blu hotel. According to the Technical Audit Report 2019, the loan is secured on the fixed and[…]

Sierra Leone Business: Pres. Bio accepts depreciation of Leones in 1 year

Monday, May 6th, 2019
Sierra Leone Business: Pres. Bio accepts depreciation of Leones in 1 year

Being honest to his conscience and people he is governing, President Julius Maada Bio for the first time has admitted to the fact that within his one year in office the Leones has drastically depreciated in value as against the US dollar. Just before he took up office in April 2018, the exchange rate of[…]